|4Feb 3, 4:02 PM ET

Applegate James M 4

Research Summary

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Landstar (LSTR) James Applegate Receives Award; 227 Shares Withheld

What Happened

  • James M. Applegate, listed as Chief, Corporate Sales (per filing), was granted 1,175 shares on 2026-01-30 as an award (acquisition at $0.00, total $0). On 2026-01-31, 227 shares were withheld to satisfy tax withholding obligations at $148.91 per share, generating proceeds of $33,803 (disposition reported as "F" — tax withholding).

Key Details

  • Transaction dates and prices:
    • 2026-01-30: Award of 1,175 shares, $0.00 per share (acquired).
    • 2026-01-31: 227 shares withheld for taxes at $148.91 per share (disposed), proceeds $33,803.
  • Shares owned after the transactions: Not specified in the provided filing excerpt.
  • Footnote: F1 indicates the 227 shares were withheld to pay tax withholding obligations (routine).
  • Filing timeliness: Form 4 filed 2026-02-03 — within the typical 2-business-day window for the 2026-01-30/31 transactions (filing appears timely).

Context

  • This was an equity award (grant) to an executive, followed by a standard tax-withholding action (shares withheld rather than a cash payment). Withheld shares to cover taxes are routine and do not necessarily indicate bullish or bearish sentiment.